Onboarding Rate for all disbursements (New and Top Up) from April 01, 2022
-Borrow up to BDT 2.00 Crore in loan amount
-Loan amount limited to 70% of the property’s appraised value
-If you are purchasing a flat, the interest rate for a registered mortgage will be 9.00%
-If you are purchasing a building, the interest rate for a registered mortgage will also be 9.00%
-Applicants must be at least 25 years old
-The minimum monthly income requirement is BDT 50,000
-No guarantor is required for the loan
-Confirmed employees with at least one year of experience are eligible to apply
-Applicants must have a minimum of 3 years of trade license or business experience.
-You can receive financing of up to BDT 2.00 Crore
-Financing is available for up to 70% of the property’s appraised value
-The maximum financing tenor is 25 years
-Property insurance coverage is included
-Life insurance coverage (MRTA) is also included
-Competitive interest rates are offered
-Advance or partial prepayment is allowed
-Properties must be no more than 25 years old at the time of financing approval and no more than 40 years old at the end of the financing tenor
-Shariah-compliant Islamic financing options are available
-Clients of Probashi Realty are subject to a processing fee of 1% plus 15% VAT
-If the loan is settled early, a fee of 0.5% of the outstanding amount will be charged
-Early settlement is only allowed after 6 months from the disbursement date
-If partial settlement is made, a fee of 0.5% of the outstanding amount will be charged
-The minimum amount for partial settlement is 20% of the outstanding amount
-If full settlement is made, a fee of 0.5% of the outstanding amount will be charged
– Salaried individuals
– Businessperson
– Landlord
– Professionals
– Minimum 03 year
– Maximum 25 years
Property related documents:
Freehold properties:
– Deed of Agreement (between Purchase & Seller)
– Deed of Agreement (between Developer and Land owner) if applicable
– Bia-Deed (Chain of Ownership)
– Sale Deed (Last original Sale Deed)
– Power of Attorney (between Land Owner & Developer) if any
– Up to date Ground Rent Receipt (Land Tax Receipt)
– Up to date Municipal Holding Tax Payment Receipt
– Up to date NEC (Non Encumbrance Certificate)
– Mutation Parcha with DCR (Certified by Assistant Commissioner)
– Certified C.S./S.A./R.S. Parcha
– Toshdik by MahanagarJaripParcha
– RAJUK/CDA/Municipality Approval Letter with plan
– Any other documents as required by the Banks appointed Lawyer
Leasehold properties:
– Original Lease Agreement
– Lease Deed (Last ownership deed)
– Bia-Deed (Chain of Ownership)
– Possession handover letter
– Land measurement report
– Power of Attorney (between Land Owner & Developer) if any
– Power of Attorney accepted by the concern authority
– Deed of Agreement between Developer and customer if applicable
– Mutation Parcha with DCR (Accepted by concern authority)
– Up to date Ground Rent Receipt (Land Tax Receipt)
– Up to date Municipal Holding Tax Payment Receipt
– Up to date NEC (Non Encumbrance Certificate)
– Toshdik by Mahanagar Jarip Parcha
– RAJUK/CDA/Municipality Approval Letter with plan
– Any other documents as required by the Banks appointed Lawyer
Salaried Individual:
– National ID Card – APPLICANT & CO-APPLICANT
– 2 copies recent colored photo – APPLICANT & CO-APPLICANT
– Letter of Introduction (LOI) as per EBL format
– Proof of 3-year service experience (if applicant’s employment period in present – service is less than 3 years)
– Latest 3-month Pay Slip showing all breakdowns (if any)
– Latest 12-month Bank statement
– TIN Certificate and latest tax return acknowledgement copy
– CIB undertaking
– Any other document deemed necessary
Business Profile:
– National ID Card – APPLICANT & CO-APPLICANT
– 2 copies recent colored photo – APPLICANT & CO-APPLICANT
– Trade license copy (latest 3-year and inception)
– Certificate of Incorporation (for limited companies)
– Memorandum and Articles of Association, latest Schedule X & XII
(for limited companies)
– Registered Partnership Deed (for partnership business)
– Latest 12-month Bank statement (Company & Self)
– TIN Certificate and latest tax return acknowledgement copy
– CIB undertaking
– Any other document deemed necessary
Documents (Landlords):
– National ID Card – APPLICANT & CO-APPLICANT
– 2 copies recent colored photo – APPLICANT & CO-APPLICANT
Title Deed of rented property
– Valid rental deed copy
– Latest 12-month Bank statement with 30% rental income reflection
– Utility bill copy in the name of applicant for rented property
– TIN Certificate and latest tax return acknowledgement copy
– CIB undertaking
– Any other document deemed necessary
Documents (Professionals):
– National ID Card – APPLICANT & CO-APPLICANT
– 2 copies recent colored photo – APPLICANT & CO-APPLICANT
– Certificate of professional degree and certificate of membership from professional body (for proof of 3-year practice)
– Income declaration
– Latest 12-month Bank statement
– TIN Certificate and latest tax return acknowledgement copy
– CIB undertaking
– Any other document deemed necessary
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